Taking everything into account, INGN scores 0 out of 10 in our technical rating. INGN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
INGN has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.69
4 important support areas can be observed.
- Support @6.58 from a horizontal line in the daily time frame.
- Support @6.38 from a trend line in the weekly time frame.
- A support zone ranging from 6.08 to 6.09. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @5.75 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @8.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 8.74 to 8.79. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @9.66 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for INGN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for INGN is down. |
| ChartMill Relative Strength | 18.4 | NEGATIVE | INGN has a low relative strength, it was outperformed by 81.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INGN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.26 | NEUTRAL | The RSI value for INGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests INGN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.04 | OVERSOLD | The low Stochastics value suggests INGN may be oversold. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for INGN suggests some volalility. |
| Average Directional Index/ADX (14) | 40.15 | POSITIVE | The high ADX value value for INGN suggests a strong trend. |
6.88
+0.29 (+4.4%)
INOGEN INC / INGN FAQ
What is the technical rating for INGN stock?
ChartMill assigns a technical rating of 0 / 10 to INGN.
What is the current trend direction of INOGEN INC (INGN) stock?
The current trend direction for INOGEN INC (INGN) is Bearish.
What is the RSI signal for INOGEN INC (INGN) stock?
INOGEN INC (INGN) has an RSI value of 36.2558. This indicates that the stock is currently neutral.
What is the short term momentum for INGN stock?
The short term momentum for INOGEN INC (INGN) is negative.
Can you provide the buy/sell signal for INOGEN INC?
The buy/sell signal for INOGEN INC (INGN) is sell as both the short term and long term trends are negative.